Share: Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave the key interest rates unchanged in October and responds to questions from the press. ECB press conference key quotes “The economy is likely to remain weak for the rest of the year.” “The economy should strengthen over
© Reuters. FILE PHOTO: People walk along an elevated walkway at the Pudong financial district in Shanghai November 20, 2013. REUTERS/Carlos Barria/File Photo By Samuel Shen and Tom Westbrook SHANGHAI/SYDNEY (Reuters) – Since China opened to foreign investment in 1978 under Deng Xiaoping, global firms have ploughed in hundreds of billions of dollars to buy
Share: The most important aspect of today’s ECB policy meeting is any guidance on what happens next. Economists at Rabobank analyze EUR outlook. Risks for EUR/GBP seen as being well balanced It is our house view that ECB rates could reach their peak today, though we acknowledge that the risk of one more
